DIGITALBRIDGE GROUP INC (DBRG) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:DBRG • US25401T6038
Taking everything into account, DBRG scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, DBRG has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- DBRG is part of the Capital Markets industry. There are 238 other stocks in this industry. DBRG outperforms 93% of them.
- DBRG is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- DBRG has an average volume of 7945810 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Looking at the yearly performance, DBRG did better than 91% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
- In the last month DBRG has a been trading in a tight range between 15.32 and 15.49.
Besides having an excellent technical rating, DBRG also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 15.44. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 15.42, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
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When analyzing the support we can see 3 important areas.
- A support zone ranging from 15.32 to 15.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @9.86 from a trend line in the weekly time frame.
- Support @9.38 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 15.44 to 15.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for DBRG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DBRG is up. |
| ChartMill Relative Strength | 91.43 | POSITIVE | DBRG has a high relative strength, it outperformed 91.43% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DBRG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DBRG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DBRG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 68.34 | NEUTRAL | The RSI value for DBRG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests DBRG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 66.67 | NEUTRAL | The Stochastics value for DBRG is a neutral value. |
| Average True Range in percent/ATR (20) | 0.37 | LOW VOLATILITY | The low ATR as a percentage value for DBRG suggests low volalility. |
| Average Directional Index/ADX (14) | 40.03 | POSITIVE | The high ADX value value for DBRG suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 15.47 | 15.31 | 0.16 (1.03%) | 25.00% |
| An entry @15.47. This is a Buy Stop order right above the resistance zone. | An exit @15.31. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.16 points, which is 1.03%. | For a 0.26% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
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DIGITALBRIDGE GROUP INC / DBRG FAQ
What is the ChartMill technical rating of DIGITALBRIDGE GROUP INC (DBRG) stock?
ChartMill assigns a technical rating of 9 / 10 to DBRG.
Can you provide the trend direction for DIGITALBRIDGE GROUP INC?
The current trend direction for DIGITALBRIDGE GROUP INC (DBRG) is Bullish.
Can you provide the RSI signal for DIGITALBRIDGE GROUP INC?
DIGITALBRIDGE GROUP INC (DBRG) has an RSI value of 68.3395. This indicates that the stock is currently neutral.
What is the MACD signal for DIGITALBRIDGE GROUP INC (DBRG) stock?
The MACD indicator for DIGITALBRIDGE GROUP INC (DBRG) has a value of -0.0992199, indicating a bearish trend.
What is the buy/sell signal for DIGITALBRIDGE GROUP INC (DBRG) stock?
The buy/sell signal for DIGITALBRIDGE GROUP INC (DBRG) is buy as both the short term and long term trends are positive.